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September 03,2024

EU Tightens Hydrogen Funding Rules for Local Firm

The European Commission is tightening EU funding rules for Hydrogen Projects to favor local firms and address concerns about cheap Chinese imports. The new criteria will prioritize European Electrolyser supply chains and include cybersecurity measures. The EU is also imposing tariffs on Chinese electric vehicles due to excessive subsidies, aiming to boost Europe's Hydrogen industry.

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